Centre is long overdue
A NEW neighbourhood shopping centre, anchored by the largest convenience Woolworths Food store in the Western Cape, is to be built on a prime site in Claremont.
Situated on bustling Palmyra Road, Palmyra Junction will boast a 1 200m Food store and 18 other handpicked retail tenants.
With a gross lettable area of 2 200m2, Palmyra Junction is being developed at a cost of R50 million by the Rabie Property Group on behalf of Insight, in response to strong market demand. The centre will have 24-hour security with CCTV surveillance and will enjoy plentiful parking, with 140 dedicated parking bays being provided on site.
Rabie development manager Colin Anderson said it had taken eight years to assemble the site and get the necessary development rights in place.
“The Claremont area has too few convenience shopping centres as there simply have not been suitable, large enough sites available for development. The existing shopping facilities in the area have been limited to strip shops or small redevelopments which all have parking limitations. Palmyra Junction will really have a competitive advantage as it will be able to provide convenience and destination shopping.”
Anderson says Rabie is negotiating with many other key tenants but will only start signing leases when it is certain of the correct tenant mix.
The centre is on one of the southern suburbs’ main thoroughfares and is close to about 20 schools.
“Weekday trading hours will be from 8am to 8pm to benefit from the passing trade and provide convenient shopping for parents dropping their children off in the morning or picking them up after school,” says Anderson.
“The Woolworths Food store is being designed to be the ‘greenest’ of all Woolworths Food stores countrywide, with green building measures being taken including recycling energy for the underfloor heating, a grey water system and natural ventilation.”
The extensive civils contract by Strata Civils has started and the main contractor, Granbuild, is due to start work next month. Completion is scheduled for October 2010.
For more information, call Colin Anderson on 021 550 7000.